BCH/USDT – 4H – BUYThe combination Bitcoin Cash/Tether (BCH/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 478 is expected.
Caution: A possible trend reversal in the direction of the support line at 446.5 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 586.2 |
| 2nd High | 520.3 |
| Next High | 478 |
| Current Price | 467.200000000 |
| Next Low | 446.5 |
| 2nd Low | 440.4 |
| 3rd Low | 432.2 |
478 – 475.6 – 456.9 – 446.5 – 440.4 – 442.2 —
456.500000000 – 458.600000000 —
36.963686559098 – 43.050085949198 —
– —
478 – 1773748800